Weegy: Strategic planning means the small business owner will have a step by step guide, created by an organization, to map out how it will reach goals. It also a tool for problem solving, market planning, and product development. User: How does strategic planning differ between small businesses and multinational corporations?
Weegy: Strategic planning involves the management of relevant risks. You might think of access to capital (loans, money, stock and bond offerings, etc). [ The difference in strategic planning, simply, is how you plan today to deal with risks, and how you financially discount potential benefits in a way that takes those risks into account. ] (More)